DALLAS–(BUSINESS WIRE)–Jun 17, 2024–
LeaseLock, an insurtech leader providing the only lease insurance for rental housing, has partnered with Get Covered to expand its services. LeaseLock will leverage Get Covered’s risk mitigation and compliance technology to deliver a best-in-class, all-in-one experience for properties and renters.
Get Covered offers a broad range of services, including renters insurance, pet insurance, and proprietary technology to ensure 100% compliance throughout a portfolio. Gap coverage automatically enrolls renters, removing administrative headache for onsite teams and protecting properties from notable risk.
Get Covered powers insurance compliance for over 4 million rental units and has onboarded 600,000 units this year alone. “Offering LeaseLock’s Zero Deposit helps properties stay compliant while protecting them from avoidable losses,” said Brandon Tobman, CEO of Get Covered. “Deposits are a leasing deterrent, and most go unrefunded or unclaimed. With Zero Deposit™, renters forgo costly move-in expenses and lease faster, and properties avoid deposit hassles and write off risk.”
“The integrated experience of Zero Deposit and Get Covered enables renters to lease the way they want, with the protection they need and deserve, while giving property owners and managers relief from burden and the risk of income loss,” said Janine Jovanovic, CEO of LeaseLock. “We’re excited to give the industry a unified platform that delivers equal benefit to renters, operators and investors of rental housing.”
About LeaseLock
LeaseLock is the leading insurance technology provider for rental housing. Our AI powered underwriting, LeaseLock Shield™, predicts risk and optimizes coverage for each property and portfolio. Owners and operators gain smarter loss protection while accelerating leasing and minimizing regulatory and legal risk. With over $10 billion in leases insured, LeaseLock is reshaping the way properties manage financial risk while delivering significant benefits to renters. As an accredited GRESB partner, LeaseLock is dedicated to improving housing accessibility by removing financial barriers for renters while protecting against the risk of bad debt. Learn more at www.leaselock.com.
About Get Covered
Get Covered is an innovative resident insurance provider that offers customized solutions to meet lease requirements. Get Covered utilizes advanced technology to track and manage insurance compliance, freeing property teams from administrative tasks. Get Covered offers a range of insurance products, including renter’s insurance, master policies, and more. We provide white-labeled sites, integrate with property management systems, and offer captive insurance options. By partnering with Get Covered, property owners can streamline insurance processes, increase revenue, and enhance resident satisfaction. For more information, please visit getcovered.io.
View source version on businesswire.com:https://www.businesswire.com/news/home/20240617050084/en/
CONTACT: Julie Ratcliff
972.365.8147
julie.ratcliff@hck2.com
KEYWORD: TEXAS UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: SOFTWARE CONSTRUCTION & PROPERTY INSURANCE ARTIFICIAL INTELLIGENCE PROFESSIONAL SERVICES TECHNOLOGY FINTECH RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: LeaseLock
Copyright Business Wire 2024.
PUB: 06/17/2024 08:00 AM/DISC: 06/17/2024 08:00 AM
http://www.businesswire.com/news/home/20240617050084/en
Copyright Business Wire 2024.
Alice J. Roden started working for Trending Insurance News at the end of 2021. Alice grew up in Salt Lake City, UT. A writer with a vast insurance industry background Alice has help with several of the biggest insurance companies. Before joining Trending Insurance News, Alice briefly worked as a freelance journalist for several radio stations. She covers home, renters and other property insurance stories.